In 2022, the electricity price index was calculated at around 151.2 points. While this marked a significant increase compared to the base year of 2005, it was still the lowest electricity index value since 2012.

Have timely access to reliable Electricity price assessments in Australia:

• Electricity, industrial sector spot price, Victoria, including generation costs
• Electricity, household, Australia, for consumption of 330 kWh/month, including GST, in Victoria region

Each assessment includes Electricity price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Electricity price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Germany, Belgium, and Ireland had some of the highest household electricity prices worldwide, as of June 2024. At the time, German households were charged around 0.39 U.S. dollars per kilowatt-hour, while in Belgium, the price stood at 0.37 U.S. dollars per kilowatt-hour. By comparison, in Qatar, residents paid more than 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations. The top importers of natural gas in Europe in 2023 were Germany and Italy, where this energy source constitutes a relevant share of the power mix.

Electricity Average Spot Price: New South Wales: Maximum data was reported at 186.920 AUD/MWh in 25 Mar 2025. This records a decrease from the previous number of 800.610 AUD/MWh for 24 Mar 2025. Electricity Average Spot Price: New South Wales: Maximum data is updated daily, averaging 165.325 AUD/MWh from Jan 1999 (Median) to 25 Mar 2025, with 9581 observations. The data reached an all-time high of 17,500.000 AUD/MWh in 08 Feb 2025 and a record low of 34.080 AUD/MWh in 20 Feb 2016. Electricity Average Spot Price: New South Wales: Maximum data remains active status in CEIC and is reported by Australian Energy Market Operator. The data is categorized under Global Database’s Australia – Table AU.P003: Electricity Prices.

Electricity Average Spot Price: Tasmania: Maximum data was reported at 275.040 AUD/MWh in 25 Mar 2025. This records an increase from the previous number of 152.210 AUD/MWh for 24 Mar 2025. Electricity Average Spot Price: Tasmania: Maximum data is updated daily, averaging 153.385 AUD/MWh from May 2005 (Median) to 25 Mar 2025, with 7254 observations. The data reached an all-time high of 17,500.000 AUD/MWh in 23 Oct 2024 and a record low of 2.200 AUD/MWh in 30 Aug 2024. Electricity Average Spot Price: Tasmania: Maximum data remains active status in CEIC and is reported by Australian Energy Market Operator. The data is categorized under Global Database’s Australia – Table AU.P003: Electricity Prices.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

As of March 2024, Australia had the highest electricity price for households in the Asia-Pacific region, at about 0.26 U.S. dollars per kilowatt-hour. Singapore had the second-highest electricity price, with households paying around 0.24 U.S. dollars per kilowatt-hour.

In the financial year 2023, electricity usage in the National Electricity Market (NEM) across Australia amounted to just over 188 terawatt hours. This was a slight decrease in electricity usage across the country compared to the previous year. Electricity generation in Australia Renewable and non-renewable sources of energy are prevalent in Australia, with coal the leading fuel source for electricity generation. Nevertheless, electricity generation from renewable sources has seen a steady increase. Wind, solar, and hydropower sources are the most common renewable energy sources in Australia. Consumer behavior Among the many energy retailers available for Australians, Origin Energy was the most prominent in the residential electricity market, followed by AGL. In a survey, it was revealed that the average consumer electricity bill in Australia had increased in 2023 compared to the previous year. Almost half of Australians believed excessive profit margins of electricity companies were the cause of rising electricity prices in the country.

Have timely access to reliable Crude Oil price assessments in Australia:

• Crude Oil, export transaction price, fob, Australia

Each assessment includes Crude Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Crude Oil price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Australia Renewable Energy Market size was valued at USD 20.31 Billion in 2023 and is projected to reach USD 42.91 Billion by 2031, growing at a CAGR of 9.8% from 2024 to 2031.

Declining Costs of Solar and Wind Technologies: The significant reduction in the cost of solar and wind technologies has accelerated the rise of renewable energy in Australia. According to the CSIRO’s GenCost 2021-22 report, utility-scale solar prices have decreased by 82% and wind costs by 43% in the last decade, making them the most cost-effective sources of new power generation.

Rising Corporate Power Purchase Agreements (PPAs): Corporate demand for renewable energy via PPAs has emerged as a significant industry driver. According to the Business Renewables Centre Australia, corporate PPAs enabled 4.5 GW of renewable energy projects from 2017 to 2022, including a record 1.2 GW of agreements inked in 2022.

Have timely access to reliable Coal price assessments in Australia:

• Coal (thermal), export spot price, fob, Newcastle

Each assessment includes Coal price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Coal price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Have timely access to reliable Diesel price assessments in Australia:

• Diesel (low-sulfur), import spot price, cif, Australia

Each assessment includes Diesel price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Diesel price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

One of the leading economic industries in Australia, coal mining has contributed significantly to the local economy. In 2024, the price of Australian coal was around 136 U.S. dollars per metric ton. Coal market The contribution of the coal mining industry to Australia’s economy was valued in the billions of Australian dollars. Coal consumption is much lower than production in Australia, so most of the mined coal is exported. In fact, Australia exports the most coal by value out of any other country, with major export partners including China and India. Australia’s reliance on its mining exports may lead to potential problems, particularly if long-term demand drops due to emerging alternative fuel sources, climate action, and increased competition from other coal producing countries. The effect on the tens of thousands of Australian workers in the mining industry may have already been felt, with lower employment numbers recorded recently. Environmental impact Of late, the fugitive emissions from coal mining have come under fire due to their contribution to environmental pollution. In Australia, emissions from underground coal mines were projected to total 19 million metric tons of carbon dioxide equivalent by 2030. With a global focus on reducing air pollution and mitigating climate effects, the future of mining in Australia may not be as certain as it once was.

Learn about the expected growth of the electric lamp market in Australia over the next decade, driven by increasing demand. Market performance is forecast to expand with a CAGR of +1.2% from 2024 to 2035, reaching 159M units and $253M in value by the end of 2035.

Have timely access to reliable Natural Gas price assessments in Australia:

• Natural Gas, spot price, exw, Victoria

Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Natural Gas price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Have timely access to reliable Gasoline price assessments in Australia:

• Gasoline (premium), import spot price, cfr, Australia

Each assessment includes Gasoline price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Gasoline price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

In financial year 2024, the average market price of gas in Victoria, Australia was 11.34 Australian dollars per gigajoule. This was a significant decrease from the previous year.

Australia GVA: 2009-10p: sa: QoQ: Electricity, Gas, Water & Waste Services: Electricity data was reported at -0.600 % in Jun 2012. This records a decrease from the previous number of 1.000 % for Mar 2012. Australia GVA: 2009-10p: sa: QoQ: Electricity, Gas, Water & Waste Services: Electricity data is updated quarterly, averaging 0.800 % from Dec 1974 (Median) to Jun 2012, with 151 observations. The data reached an all-time high of 6.900 % in Sep 2008 and a record low of -2.800 % in Mar 2002. Australia GVA: 2009-10p: sa: QoQ: Electricity, Gas, Water & Waste Services: Electricity data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A235: SNA08: Gross Value Added: by Industry: Chain Linked: 2009-10 Price: Seasonally Adjusted: QoQ Percentage.

GVA: 2009-10p: sa: Contribution to Growth: Electricity, Gas, Water & Waste Services: Water Supply & Waste Services data was reported at 0.000 % in Jun 2012. This stayed constant from the previous number of 0.000 % for Mar 2012. GVA: 2009-10p: sa: Contribution to Growth: Electricity, Gas, Water & Waste Services: Water Supply & Waste Services data is updated quarterly, averaging 0.000 % from Dec 1974 (Median) to Jun 2012, with 151 observations. The data reached an all-time high of 0.100 % in Dec 2009 and a record low of -0.200 % in Mar 1978. GVA: 2009-10p: sa: Contribution to Growth: Electricity, Gas, Water & Waste Services: Water Supply & Waste Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A251: SNA08: Gross Value Added: by Industry: Chain Linked: 2009-10 Price: Seasonally Adjusted: Contribution to Growth.

Have timely access to reliable Ethanol price assessments in Australia:

• Ethanol (anhydrous), export spot price, fob, Australia

Each assessment includes Ethanol price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Ethanol price assessments for Australia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.